Greenlyte Carbon Technologies: A Rising Star in Direct Air Capture

Greenlyte Carbon Technologies, a direct air capture startup based in Essen, Germany, recently secured a significant €10.5 million in Pre-Series A funding. Founded by Florian Hildebrand, Dr. Niklas Friederichsen, and Dr. Peter Behr in late 2022, Greenlyte specializes in a revolutionary DAC system that efficiently removes CO2 from the atmosphere using a liquid-sorbent solution, generating hydrogen as a valuable byproduct. This cutting-edge technology, developed over 15 years of research, offers a sustainable solution to combat climate change without relying on high heat or pressure. The company's success is evident through strong commercial partnerships, high-value off-take agreements, and grants from the European Fund for Regional Development. With the support of investors like Earlybird Venture Capital, Green Generation Fund, Carbon Removal Partners, and Partech, Greenlyte is poised to expand its team, accelerate technology development, and drive down costs to establish itself as a global leader in DAC technology. The funding round reflects the market's confidence in Greenlyte's mission to make a tangible impact on the fight against global warming.